Loan & Debt20 May 2026, 11:14 am
MAS Financial Services Allots ₹360 Cr NCDs
AI Summary
MAS Financial Services Ltd has allotted 36,000 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹360 Crore, on a private placement basis to Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO). The debentures, rated 'CARE AA-/Stable' by CARE Ratings Limited, are proposed to be listed on the Wholesale Debt Market segment of BSE Limited and have a tenure of 5 years, maturing on May 20, 2031.
Key Highlights
- MAS Financial Services allots 36,000 NCDs totaling ₹360 Crore.
- NCDs are issued on a private placement basis to FMO.
- The debentures are rated 'CARE AA-/Stable' by CARE Ratings.
- NCDs have a face value of ₹1,00,000 each and mature on May 20, 2031.
- The debentures are proposed to be listed on BSE Limited.
Price Impact
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